Sign-Up now for FREE!     Already a member? Login to your account.
FAQs  |  Help  |  About Us
  • My Credit
  • Karma Offers
  • Tools & Calculators
  • Credit Cards
  • Compare Rates
  • News & Advice
  • Blog
  • Overview
  • Calculators
  • Credit Trends
  • Rate Trends

Rate Trends

Used Auto Loan Rates

What is a Used Car Auto Loan?

Usually, the advertised rates that you see for auto loans are for new cars only. That's because with a new car, the value is known and widely accepted. That's not the case with used cars because its value can be a bit harder to pinpoint. Since auto loans are secured by the value of the car, lenders will often charge a slightly higher rate for used car loans.

How to Read the Average Rate Chart?

Our data is made up of different rates from hundreds of lenders nationwide. Our rates are broken out into 3-year, 4-year, and 5-year averages. Historically, longer terms loans have higher interest rates. However, depending on marketing conditions, it may not always be the case.

Comment on Article
EXPLORE MORE RATE TRENDS

Home Equity Loans

Track home equity loan rates trends with national averages.

see trends

Mortgage Loans

Track mortgage loan rates trends with national averages.

see trends
USER COMMENTS(0)

There are no comments.

Be the first to comment!



Comment On This Article


Try again
Submit Your Comment
Enter Your Comments
Clear Comment
 
NATIONAL OVERNIGHT AVERAGES
Source: Bankrate.com
CDs &
deposits
Mortgage Rates Home
Equity
Get More Information From Credit Karma See All Current Rates
Most Popular News
  • 1.
    Understanding Credit Score Differences
    There are few numbers in life that ...
  • 2.
    The Do’s and Don’ts of Closing Old Accounts
    Closing old and unused credit accou...
  • 3.
    Top 5 Credit Misconceptions
    We have all heard the rumors...from...
  • 4.
    Understanding Credit Scores
    Credit and credit scores have alway...
  • 5.
    Recovering from Bankruptcy
    Every year more than 1.5 million Am...
Get More Information From Credit KarmaMore Popular News
  • About Us |
  • FAQ |
  • In The News |
  • Glossary |
  • Terms of Use |
  • Privacy Policy
Copyright © 2007-2009 Credit Karma™, Inc. All Rights Reserved. Patent Pending.
TRUSTe Verified HACKER SAFE certified sites prevent over 99.9% of hacker crime. Click to verify BBB accreditation and to see a BBB report.
ABOUT SSL CERTIFICATES